Housing Groups Join Forces to Develop 'Fully Flexible Tenure' Model

A group of South East-based housing associations are joining forces to develop a deliverable model of 'fully flexible tenure' that will allow their tenants to move towards home ownership.  Housing groups Sovereign, Moat and Radian have commissioned a leading housing consultancy to explore the risks, opportunities and constraints associated with genuine flexible tenure in order to develop a model that suits people's circumstances, their housing costs and their aspirations.  Fully flexible tenure is about an occupier being able to move between all tenure types (social, intermediate and market rent, shared ownership and full ownership) without having to move home over a period of time as the occupier’s circumstances dictate.  Over the next six months the project will be researching and testing how such a model could work and the appetite for this approach from residents and local authorities.  Read more on 24dash.